Tags: Financial Planning

8 Things You Need to Know About Retirement Planning

8 Things You Need to Know About Retirement Planning

Most of us are familiar with the concept of saving money for big-ticket purchases, like a dream vacation, a new car or a down payment for a house. But have you thought about the need to start saving money now for your retirement? Just as you put money aside now to take a great vacation later or buy the house of your dreams, you need to put money aside and invest it now so you can have the retirement life of your dreams. It’s important to begin your retirement planning... Read More

Help Your Employees Be Smart with Their Money with Financial Planning Assistance

Help Your Employees Be Smart with Their Money with Financial Planning Assistance

Financial education is a hot topic these days. Money used to be a “taboo” topic. As a result many people have not had the opportunity to learn smart financial planning principles. As an employer, you can help correct this problem and help your employees learn to be smart with their money. By offering financial planning assistance as part of your employee benefit package, you provide your employees with critical education and service. You may also help alleviate one of the biggest stressors, helping to create confident, happy and productive employees.... Read More

Disability Insurance: What it is and Why You Need It

Disability Insurance What it is and Why You Need It

Disability Insurance may be one of the most essential and most overlooked insurance coverages. When it’s time to select insurance benefits, most people think of health, dental, vision and life insurance, but are often slow to consider disability insurance. The reality is that at least one-third of American workers will be disabled and have to miss more than 90 days of work during their careers. And more than one in four can expect a disability that will last a year or more before they reach retirement age. And the vast... Read More

Your Top 10 Ways to Save For Retirement Now

Your Top 10 Ways to Save For Retirement Now

No matter what age you are, if you haven’t already started saving for your retirement years, now is the time to start. If you’re young, you have the savings advantage of time. Saving for retirement may seem like a strain on your budget right now, but you can start small and grow. Even setting aside a small portion of your paycheck each month will pay off in big dollars later. By starting young, you also can afford to invest more aggressively since you have years to overcome the inevitable ups... Read More

What You Need to Know About Credit Reports

What You Need to Know About Credit Reports

Have you ever applied for a credit card? How about a car loan, a mortgage or a personal loan? If you have then you have provided personal and financial information that is used to create a file about you called a credit report. Credit reports include information about where you live, where you work, whether you have ever been sued, arrested, or filed for bankruptcy. They also include information about how you pay your bills and a history of money you have borrowed and whether you have repaid it. This... Read More

6 Most Overlooked Tax Deductions for Small Business

6 Most Overlooked Tax Deductions for Small Business

It’s tax time, and one thing is certain. We all want to pay as little as possible in taxes and maximize our tax deductions. Most business owners are familiar with all of the standard business deductions, but there are a few deductions that are often missed. Before filing your tax returns this year, make sure you and your accountant have not missed any of these most overlooked tax deductions if you are eligible for any of them.   Social Security Taxes If you’re self-employed, you are required to pay the... Read More

How to Protect Your Personal Financial Information

How to Protect Your Personal Financial Information

Is your personal financial information secure? This is a question on many consumer’s minds these days in light of the recent report of a security breach at Equifax, one of the nation’s largest credit-reporting agencies, that may have affected nearly 150 million people. Not only does this breach leave credit reporting information exposed to hackers and criminals, but it also has exposed personal financial information of millions of Americans, leaving them vulnerable to identity theft. So, what do you need to do to protect your credit AND protect your personal... Read More

Disability Insurance Can Help When You Can’t Work

Disability Insurance Can Help When You Can’t Work

Have you ever suffered an injury or illness that caused you to miss work? Not just for a sick day, but for a month or two—or even longer? If you have, how did you make up for the lost income after you ran out of sick leave (if you even had it)? If you haven’t, have you thought about what you will do when it does happen? Are you thinking it isn’t going to happen to you? According to disabilitycanhappen.org, more than 25% of today’s 20-year-olds will become disabled before... Read More

How to Stop Identity Thieves from Spoiling Your Holiday

How to Stop Identity Thieves from Spoiling Your Holiday

Are you an online shopper? Did you know that online Cyber Monday sales generated more revenue than in-store Black Friday sales this year? Chances are, you’ve contributed to those numbers—or will at some point this holiday season. But one of the biggest hazards of online shopping is identity theft and credit card fraud. Here are some simple things you can do to stop identity thieves and avoid falling victim to an online data breach or scammer while you’re taking care of your holiday shopping.   Shop Only at Reputable Websites... Read More

Weighing The Pros & Cons of an HSA — Health Savings Account

Weighing The Pros & Cons of an HSA -- Health Savings Account

Health savings accounts (HSA) are a growing trend in health care, but is one right for you? An HSA is a cost-effective option for many individuals and families, but it is not the best choice for everyone.   The Differentiators Comparing HSAs to traditional health plans can be difficult, as each has pros and cons. For example, traditional health plans typically have higher monthly premiums, a smaller deductible, and fixed copays and/or coinsurance. You pay less out-of-pocket due to the lower deductible and copay, but pay more each month in premium. HSA plans... Read More